Steel Union throws a curveball into a fight for American Steel. The stock went up.

Steel Union throws a curveball into a fight for American Steel.  The stock went up.

font size The tie-up between Cleveland Cliffs and US Steel should raise concerns about market concentration. Jean-Christophe Verhagen/AFP via Getty Images fight for United States Steel It has already taken a number of unexpected twists and turns. Investors got another one. Thursday, mainly United Steelworkers Supported try before Cleveland Cliffs (Stock ticker: CLF) to acquire … Read more

Intel drops $5.4 billion semiconductor tower deal. It’s a slam dunk strategy.

Intel drops $5.4 billion semiconductor tower deal.  It's a slam dunk strategy.

font size Patrick Gelsinger, CEO of Intel, has made contract chip manufacturing an essential part of his strategy. Ting Xin/Bloomberg Intel has dropped its planned $5.4 billion acquisition of Israel Semiconductor tower . It’s a setback for Intel’s plans to expand its chipmaking business. Intel (ticker: INTC) said on Wednesday that the deal, originally agreed … Read more

VinFast began trading in new EV stocks today. It’s worth more than Ford, General Motors.

VinFast began trading in new EV stocks today.  It's worth more than Ford, General Motors.

font size 2023 VinFast VF9. Courtesy of VinFast VinFast closed how high? Investors still relish the appetite for electric vehicle startups backed by SPACs. Just look at the amazing debut of Vietnamese electric car maker. Tuesday started life as a publicly traded company on the Nasdaq Stock Exchange after that Close Its merger with SPAC … Read more

Berkshire Hathaway bought a stake in DR Horton shares, and cut GM Holding

Berkshire Hathaway bought a stake in DR Horton shares, and cut GM Holding

font size Warren Buffett, CEO of Berkshire Hathaway, loves the homebuilding industry. Drew Angerer/Getty Images Berkshire Hathaway He took new positions in the field of housing construction, in particular the leader in this field Dr. Horton And while reducing its share general motors and eliminate sticking Makison And according to 13-F regulatory filing was issued … Read more